7023 16th Avenue SW, Seattle, WA, 98106

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$1,250,000
225 Days On Site

7023 16th Avenue SW
Seattle, WA 98106

For Sale|Single Family Residence|Active
9
Beds
9
Total Baths
8
Full Baths
1
Partial Bath
3,300
SqFt
$379
/SqFt
2013
Built
Cumulative Days On Market:
226
Subdivision:
Delridge
County:
King
Courtesy of NWMLS
Listing courtesy of Becca Pitts of eXp Realty

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(253) 457-5441
7023 16th Avenue SW7023 16th Avenue SW7023 16th Avenue SW7023 16th Avenue SW
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ATTENTION INVESTORS: CASH FLOW, LOCATION, AND FLEXIBILITY Blocks from South Seattle College, this income-producing property is perfectly set up for rental housing, co-living, or shared-living rentals. Main home features 8 private bedrooms, each with private bath, including one suite with a kitchenette for premium rent potential. Separate-entrance 1 bed/1 bath ADU adds more options ideal for owner-occupancy, additional rental income, or on-site management. This property is built to perform from day one. Use it as the ultimate house hack live in the ADU and let eight income streams pay the mortgage or operate it as a fully passive investment. With strong, predictable room-by-room income and high demand from the nearby college community, it’s an excellent candidate for DSCR financing, allowing investors to qualify based on the property’s income rather than personal income. Current rents already prove the model: 2 of the 9 rooms are occupied at $1,250/month each, while the kitchenette suite and ADU are vacant and ready to maximize returns. With professional property management available and an estimated 9.8% cap rate, this is a turnkey, scalable investment with immediate upside. Whether you’re growing a portfolio or starting your first investment, this property offers multiple strategies rental housing, workforce housing, flat-share living, or long-term rentals all in a high-demand Seattle location. Opportunities this versatile and finance-friendly don’t come along often.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
225 Days
Bedrooms 
9
Inside Area (SqFt) 
3,300 sqft
Total Baths 
9
Full Baths 
8
Partial Baths 
1
Lot Size 
0.1232 Acres
Year Built 
2013
MLS® Number 
2395276
Status 
Active
Property Tax 
$9,390
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
7 months agoListing first seen on site
General Features
Acres 
0.1232
Garage 
Yes
Land Lease 
No
Levels 
Two
Parking 
DetachedRV Access/Parking
Parking Spaces 
1
Property Sub Type 
Single Family Residence
SqFt Total 
3300
Style 
Traditional
Utilities 
Cable AvailableSewer Connected
Water Source 
Public
Zoning 
NR3
Interior Features
Appliances 
DishwasherMicrowaveRefrigeratorDisposalElectric Water HeaterWater Heater
Basement 
None
Flooring 
HardwoodCarpetVinyl
Heating 
Electric
Interior 
Walk-In Closet(s)Vaulted Ceiling(s)Wet Bar
Main Level Bedrooms 
4
Window Features 
Storm Window(s)
Bathroom Full 
Level - Main
Bathroom Three Quarter 
Level - Main
Bedroom 
Dining Room 
Level - Main
Entry Hall 
Level - Main
Kitchen 
Level - Main
Living Room 
Level - Main
Master Bedroom 
Level - Main
Utility Room 
Level - Main
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Exterior Features
Construction Details 
Wood Siding
Exterior 
Garden
Fencing 
Partial
Lot Features 
LevelSecluded
Other Structures 
Outbuilding
Roof 
Composition
View 
Territorial
Waterview 
Territorial
Windows/Doors 
Storm Window(s)
Community Features
Building Access 
Main
Financing Terms Available 
ConventionalFHAVA Loan
MLS Area 
140 - West Seattle
School District 
Seattle
Schools
School District
Seattle
Elementary School
Sanislo
Middle School
Madison Mid
High School
West Seattle High
Courtesy of NWMLS
Listing courtesy of Becca Pitts of eXp Realty



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-02-01 05:03 AM PST

Neighborhood & Commute
Source: Walkscore
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